Corn futures are trading 4 to 6 1/4 cents lower at midday. There was 425.677 million bushels of corn used for ethanol production during May, per the
Soybean futures at midday are down 7 to 13 1/4 cents, with the nearby contracts holding the most firm. The monthly USDA crush report showed that
Wheat futures are sharply lower, with the HRW and SRW markets seeing losses of mostly more than a dime. HRS is currently around 6 cents lower.
Live cattle futures are currently 97.5 cents to $1.575 lower, with now-front-month Aug16 cattle the weakest. Feeders at midday are trading down
Lean hog futures are mixed at the Friday midday, with front month Jul16 hogs down 60 cents, but Oct16 hogs up 50 cents. The CME Lean Hog Index for
Cotton futures are mostly 51 to 84 points higher at midday, following a sharp drop on Thursday after USDA reported an increase in cotton acreage.